It is difficult to overstate the impact the phased discontinuation of FRx, beginning in 2011, will have across the financial reporting landscape. The de-facto
standard for reporting tools since the 1980s - connected to dozens of the most widely used financial and accounting packages, ERP systems and a range
of other business management applications catering to the mid-market - FRx is the only financial reporting tool tens of thousands of accountants and
financial managers have ever used. The reverberations caused by FRx’s impending demise are extensive, and a seismic shift is underway as businesses
across a wide swath of the economy begin their search for a replacement financial reporting tool.

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